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Who in Europe isn't heavily affected by the gas shortage? How is this Germany's fault? To me it seems like a lot of the smaller/weaker countries in Europe just
by bakuninsbart 4y ago
Who in Europe isn't heavily affected by the gas shortage? How is this Germany's fault? To me it seems like a lot of the smaller/weaker countries in Europe just always need a scapegoat to blame when things get difficult.
- TheLoafOfBread 4y agoSwitching off their own nuclear power plants, replacing them with gas and coal, when gas is lacking and creating shortage of electricity, thus propelling prices up. Thing is that energy is traded in EEX (https://www.eex.com/en/ https://www.eex.com/en/) so everyone who is trading there is feeling Germany's stupid decisions. For example Sweden is not in EEX and has no problem with high energy prices.
- wewxjfq 4y agoEvery year Germany has been a net electricity exporter. If other countries buy German electricity, it means they can't produce it cheaper. You know who is paying by far the highest spot prices in Europe causing prices to go up? France.
- TheLoafOfBread 4y agoExporter with massive asterisk. They are exporting electricity during summer, when it is cheap and nobody needs it and importing it during winter when it is expensive.
- wewxjfq 4y agoGermany sees peak exports during winter months. You have no idea what you are talking about.
- bonzini 4y agoItaly is a bit less affected because it's closer to Algeria. However we also had politicians trying to stop the pipeline from Turkey to Italy.
- theplumber 4y agoTurkey may start acting lunatic as well.
- bonzini 4y agoSure but Norway is the only EU state that has a decent amount of gas or oil, and at least Turkey is on the NATO side. Politically it's messy, but at least militarily it's fine.
- theplumber 4y agoMore reasons to leave oil and gas behind.
- user_of_the_wek 4y agoNorway is not a member of the EU.
- nimish 4y agoWe can trace the dependency on gas to Germany's ill advised policy to go all in on coal & gas after shutting down nuclear. Other countries now have an enormous economy entering the market, driving up prices and effectively controlled by Russia, as Russia supplies most of the gas. Russia and most eastern european countries have a poor relationship. Now money is expensive and there's no time to build alternatives. And Russia knows this.
- yrgulation 4y agoOh we can trace far back to many cancelled alternative pipelines. I will link to only one as people need to do their own homework. Here is such an example: https://www.rferl.org/a/Germanys_Gas_War_Nabucco_Vs_South_Stream__And_Schroeder_Vs_Fischer_/1768674.html https://www.rferl.org/a/Germanys_Gas_War_Nabucco_Vs_South_St... "So I think that when both the Russians and the other players want to find a lobbyist, they very naturally look at Germany first. In this respect, I am not surprised that Schroeder and Fischer were the two [chosen]," he said.
- theplumber 4y agoThe issue is that if Germany is building pipelines and importing cheap Russian gas any other country would be at disavantage if it were to build a more expensive alternative. It would not be competitive. It is like some small country would tell the U.S that it's not wise to offshore electronics manufacturing to China. The small country would not be competive if it were to manufacture at home or in the U.S. Tomorrow China starts a war with the US and you could say that the small country is just using the U.S as a scapegoat because it didn't build an alternative in the U.S.